Apple tightens crackdown on iPhone export leaks from India: Report

Apple has tightened action on iPhone export leakages from India, terminating distributors and warning retailers over malpractices, Moneycontrol reported. This comes as India's lower pricing has turned it into a hub for exporters targeting higher-margin markets like Russia and West Asia. The firm is also favouring larger partners and reducing premium partner contracts from three years to one year.